·All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, age, marital status, pregnancy, genetic information, or other legally protected status.
Univest Financial Corp
SBA Operations Administrator
US-PA-Souderton
Job ID: 6201 Type: Full Time # of Openings: 1 Category: Commercial Banking Univest Financial Corporation
Overview
Univest Financial Corporation (UVSP), has approximately $7.8 billion in assets and $4.7 billion in assets under management and supervision (as of December 31, 2023). Headquartered in Souderton, Pa. and founded in 1876, the Corporation and its subsidiaries provide a full-range of financial solutions for individuals, businesses, municipalities and nonprofit organizations in the Mid-Atlantic Region. In 2023, Univest donated $2.4 million to our communities, and our employees volunteered more than 13,100 hours.
At Univest we invest in the success of our employees and customers. We offer our employees the ability to be their authentic selves, while fostering a culture and an environment that inspires change and inclusivity. Seeking career-focused individuals, looking to bring passion and creativity to drive change. Our employees are encouraged to work collaboratively and embrace innovation to deploy needs based financial solutions in the communities we serve.
We're hiring a SBA Operations Administrator to join our SBA Lending Team in Souderton, PA.
Responsibilities
Prior to the Acceptance of a Commitment Letter
Order searches as requested
Order appraisal quotes and appraisals as requested
Order any needed environmental reports as requested
Pay the SBA guarantee fee(if applicable) as instructed by underwriting
Upon Acceptance of a Commitment Letter
Process the Good Faith deposit check and clarify funds allocation to Centralized Funding
Share any loan costs incurred prior to issuance of Commitment Letter with the Closing Specialist
Send RM “Closed Loan” success story to compliance for clearance in advance of closing, attach to Media Release Form(if required) and include in closing package. Remit signed MRF to Marketing to be added to Bank’s LinkedIn page.
Post-Closing
Work with Closing Specialist to ensure Centralized Funding pays loan fees appropriately
Deliver executed documents, along with Post-Closing Addendum and additional items provided by the RM’s and Closer, to Operations
Maintain Closed Loan Log
Once loan is booked in JH & Xperience, confirm SBA verbiage is correct in message section
Handle all aspects of disbursements as they relate to a multiple disbursement loan: maintain disbursement sheet and audit trail for each disbursement, order inspections, cut any checks due
Order post-close searches for all 7A term loans that are to be sold on the secondary market and communicate to Managing Director when a loan is cleared to be sold
Quarterly Responsibilities
Maintain Quarterly GOS Trackers as requested by Managing Director
Maintain the department COI Log by utilizing the individual RM COI Logs
Maintain department Training Log
Complete the Quarterly Lender Incentive & GOS Allocation spreadsheet and send to F&A
An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.